2721 S FremontAlhambra, CA 91803

Multi-Family · 2,230 Sq. ft. | 0.17 Acres
$1,288,000 Active

2721 S Fremont Overview

Time on Site:
1 hours
Visits:
0

**2721–2723 S. Fremont Ave., Alhambra** An attractive four-unit multifamily investment opportunity in the highly desirable City of Alhambra featuring 4- 1 Bedroom, 1 Bath units,  this well-maintained property offers stable rental income, long-term tenancy, and an exceptional San Gabriel Valley location with convenient access to major employment centers, universities, medical facilities, shopping, dining, and entertainment. The property features four on-site carport parking spaces—one assigned to each unit—as well as two private storage rooms conveniently attached to the carport. Each unit is equipped with gravity floor heating and features carpet and linoleum flooring, with original hardwood floors beneath the carpet in the living rooms and bedrooms, presenting an opportunity for future interior upgrades and added value. Included appliances consist of four gas stoves, one refrigerator, and one window air conditioning unit. Significant recent capital improvements include updated plumbing throughout all four units in 2025, providing a valuable infrastructure upgrade. Additional exterior enhancements completed in 2024 include fresh exterior paint, a new wood perimeter fence, and a resurfaced driveway. The property also offers low-maintenance landscaping with an automatic sprinkler system. Ideally situated with easy access to Downtown Los Angeles, Cal State LA, USC, and the USC Medical Center, the property is conveniently located near the I-10, I-710, SR-60, and I-5 freeways. Residents also enjoy close proximity to Monterey Park, Pasadena, and Arcadia, with an abundance of restaurants, shopping centers, theaters, parks, and other community amenities nearby. This is an outstanding opportunity for investors seeking a well-located, income-producing asset with stable occupancy, recent capital improvements, and long-term upside in one of the San Gabriel Valley's most desirable rental markets.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

2721 S Fremont Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,230
  • Price/Sq.ft. $578
  • Lot 0.17 Acres

Details

General

Association/HOA

  • Common Interest: None

Income/Expenses

  • Other Expense: 116.25
  • Electric Expense: 204.0
  • Gardener Expense: 900.0
  • Gross Income: 57960.0
  • Gross Scheduled Income: 57960.0
  • Insurance Expense: 3817.0
  • Net Operating Income: 44219.0
  • New Taxes Expense: 16100.0
  • Operating Expense: 13741.0
  • Trash Expense: 1920.0
  • Water Sewer Expense: 2967.0

Building Information

  • New Construction: No
  • Year Built: 1950

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: 601 - Alhambra
  • Postal City: ALHAMBRA

Community/Development

  • Community Features: Curbs,Street Lights

Rent/Lease Information

  • Land Lease: No
  • Lease Term: 12 Months
  • Tenant Pays: None

General Information

  • Listing Terms: Cash,Cash to New Loan
  • Parcel Number: 5353019006
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Rent Control: No
  • Senior Community: No
  • Special Listing Conditions: Trust

Interior

Parking Information

  • Garage: No

Building Interior

  • Building Area Total: 2230.0
  • Building Area Units: Square Feet

General Information

  • Accessibility Features: None
  • Appliances: Gas Oven,Water Heater
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: front
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet,Vinyl
  • Foundation Details: Slab
  • Interior Features: Ceiling Fan(s),All Bedrooms Down
  • Laundry Features: None
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s),Smoke Detector(s),Window Bars
  • Spa Features: None
  • Spa: No
  • Stories: 1
  • Stories Total: 1

Exterior

Parking Information

  • Parking Features: Carport
  • Parking Total: 4.0

Lot Information

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre,Sprinklers In Front
  • Lot Size Acres: 0.1683
  • Lot Size Area: 7331.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7331.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Elevation Units: Feet
  • Water Source: Public

Building Exterior/Construction

  • Architectural Style: Traditional
  • Construction Materials: Stucco
  • Property Attached: Yes
  • Roof: Composition

General Information

  • Carport Spaces: 4.0
  • Carport: Yes
  • Number Of Units Leased: 1
  • Number Of Units Total: 4
  • Pool Features: None
  • Pool Private: No
  • Road Frontage Type: City Street
  • Sewer: Public Sewer
  • Utilities: Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected

2721 S Fremont Neighborhood

Community

91803 (ALHAMBRA) Demographics

42
Median Age
9,212
Population Density (per sq. mile)
42%
College Educated
$66,169
Estimated Median Income
4,930
Estimated Total Home Owners
5,176
Estimated Total Renters
49% / 51%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2721 S Fremont Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2721 S Fremont Market Data

Based on the last 30 days in this zip code

$1,003,065
Average List Price
$655
Average Price per Square Foot
6
Properties Sold
43
Average Days on Market
71
Properties for Sale
Calculations provided by Reliance Network

2721 S Fremont History

Date Event Value Agent
6/29/2026Source: CRMLS Added to Database
June 29, 2026
Listing provided courtesy of Art Del Rey Realty, Inc.Pamela DelRey- MLS# AR26141592MLS ProviderContact Information: [email protected] - 626-358-4560
Cookie Button: